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Steppe Gold Ltd T.STGO

Alternate Symbol(s):  STPGF

Steppe Gold Ltd is a Mongolia-focused precious metals company. The Company is focused on operating, developing, exploring and acquiring precious metal projects in Mongolia and Peru. Its projects include Altan Tsagaan Ovoo (ATO) gold and silver project, Mungu Project, and Uudam Khundii UK Project. The ATO Project is located in the territory of Tsagaan Ovoo soum of Dornod province in eastern Mongolia and is comprised of one mining license covering an area of 5492 hectares. The Mungu gold and silver discovery is located northeast of the ATO Project. It is a structurally controlled epithermal gold-silver system with localized bonanza grades. The Uudam Khundii property is comprised of one exploration license covering 14,397 hectares. The project area is located 800 km south-west of Ulaanbaatar. The property is located between and adjoining the Bayan Khundii gold discovery and Altan Nar epithermal gold deposits explored by Erdene Resource Development Corporation.


TSX:STGO - Post by User

Post by Jack79on Aug 15, 2023 3:52am
286 Views
Post# 35588369

Dark side of the Moon...

Dark side of the Moon...Beautiful full Moon shining over the "Bridge of Spies", but what's in dark side? Massive propaganda news released past few days to brainwash, a while I'm in 3 days locked room....HAH. How much they spent on that "propaganda"? Millions of dollars? No anal'yst ever explained simple financial ratio D/E (debt to equity)....Adding more more debts instead equity. + Every ounce of gold they produced is 300% collateralized....

The Q is:
1. Why they chosen TDB bank? 
2. Why not State bank? It's 100% SOE
3. What's hidden behind close connection with TDB bank?
4. What's happened with Asian stock markets? First visit was in Singapore. Why? Are they forget MSE - Mongolian stock exchange? 
5. Where is "Shares repurchase programme"? & Dividend distribution?

and so on....

A lot of Q without answer since officially announced production startup. Never seen Co like STGO mcap only $70M at Phase-II production stage. Why?

I heard that they actively recruiting retired intelligence officers from General Intelligence agency of Mongolia......HAH.....For WHAT? And how much costs it....

NR came & SP down, as usual....
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